MSE Daily Trading Report, 20 July 2020

The MSE Equity Total Return Index started off the week on a negative note as it declined by a further 0.366%, reaching 8,081.529 points. A total of 11 equities were active, of which three headed north while another four closed in the opposite direction. A total turnover of €91,914 was generated across 30 transactions.

The highest liquidity was recorded by Bank of Valletta plc as total turnover amounted to €35,592. A total of 36,867 shares were spread over 10 deals, dragging the price 1.03% lower to €0.96. The board of BOV is scheduled to meet on July 31, 2020, to consider and approve the group’s and the bank’s interim financial statements for the six-month financial period January 1, 2020 to June 30, 2020.

On the other hand, its peer, HSBC Bank Malta plc reached €0.96, translating into a positive 1.05% change in price. Two deals involving 10,000 shares generated a total turnover of €9,600.

Simonds Farsons Cisk plc was up by 0.63% as a result of a single transaction. The equity closed at €8.00 while total turnover amounted to €1,600.

Another positive performer was Mapfre Middlesea plc as it reached the €2.02 price level, equivalent to a 1% movement in price. A sole deal of 1,902 shares was executed, worth €3,842.

The board of BMIT Technologies plc is scheduled to meet on August 10, 2020, to discuss the group interim unaudited financial statements for the six-month period ended June 30, 2020. The equity traded twice over 10,155 shares, resulting into a 0.41% decline, ending the session at €0.482. A total turnover of €4,895 was recorded.

Its parent company, GO plc, announced the board is scheduled to meet on August 7, 2020 2020 to discuss the group interim unaudited financial statements for the six-month period ended June 30, 2020. The equity traded once on slim volume, ending the session 1.75% lower at €3.36.

RS2 Software plc generated a total turnover of €19,108 as 8,300 shares changed ownership across four transactions. The equity closed unchanged at €2.36.

Two deals involving 17,150 International Hotel Investments plc shares resulted into a 2.68% decline in price, to close at €0.545. A total turnover of €9,349 was recorded.

In the property sector, Malta Properties Company plc announced the board is scheduled to meet on August 10, 2020, to discuss the group interim unaudited financial statements for the six-month period ended June 30, 2020. Three deals involving 3,464 shares generated a total turnover of €1,870. The equity’s previous closing price of €0.535 was not altered.

Malita Investments plc was active but closed unchanged at €0.91. A total of 5,400 shares changed hands over two deals, generating a total turnover of €4,914.

Retail conglomerate, PG plc, traded twice over 394 shares, leaving no impact on the equity’s previous closing price of €1.93.

In the Corporate Debt market, 17 issues were active, of which 11 registered gains while the 4% Eden Finance plc Unsecured € 2027 closed 0.5% lower, reaching its par value. The 3.65% GAP Group plc Secured € 2022 headed the list of gainers as it closed 2.14% higher at €102.55.

In the Sovereign Bond market, out of 13 active issues, six traded higher while another four lost ground. The 2.4% MGS 2041 (I) registered the best performance with a 1.12% change in price, reaching the €135.00 price level. On the other hand, the 2.3% MGS 2029 (II) lost 1.71%, ending the session at €115.00.

In the Prospects MTF market, no trading activity was recorded.

 

The Equities traded today were:

Symbol Code	Volume Traded	Value Traded	Trades	Closing Price	% Change
BOV	36,867	35,592.41	10	0.960	-1.03
HSB	10,000	9,600.00	2	0.960	1.05
MMS	1,902	3,842.04	1	2.020	1.00
SFC	200	1,600.00	1	8.000	0.63
GO	114	383.04	1	3.360	-1.75
IHI	17,150	9,349.00	2	0.545	-2.68
RS2	8,300	19,107.58	4	2.360	0.00
MLT	5,400	4,914.00	2	0.910	0.00
MPC	3,464	1,870.48	3	0.535	0.00
PG	394	760.42	2	1.930	0.00
BMIT	10,155	4,894.71	2	0.482	-0.41

The Corporate Bonds traded today were:

	Closing Price	% Change
5.8% International Hotel Investments plc 2021	100.000	2.04
3.65% GAP Group plc Secured € 2022	102.550	2.14
4.4% Von der Heyden Group Finance plc Unsecured € 2024	101.500	1.50
6% International Hotel Investments plc € 2024	102.100	1.09
5% Hal Mann Vella Group plc Secured € 2024	103.000	0.00
5.1% 1923 Investments plc Unsecured € 2024	100.000	0.91
4.25% Best Deal Properties Holding plc Secured € 2024	102.000	2.00
5.1% 6PM Holdings plc Unsecured € 2025	101.000	1.00
4.35% Hudson Malta plc Unsecured € 2026	100.000	0.00
4.8% Mediterranean Maritime Hub Finance plc Unsecured € 2026	97.940	0.55
3.75% Premier Capital plc Unsecured € 2026	101.500	0.00
4% Eden Finance plc Unsecured € 2027	100.000	-0.50
5% MeDirect Bank Plc Subordinated Unsecured € 2022-2027	103.000	0.00
4% Stivala Group Finance plc Secured € 2027	101.120	0.12
3.8% Hili Finance Company plc Unsecured € 2029	97.990	1.54
4% MeDirect Bank (Malta) plc Sub Unsecured € 2024-2029	101.500	0.00
3.5% Bank of Valletta plc € Notes 2030 S2 T1	101.500	1.50

The Government Stocks traded today were:

	Closing Price	% Change
5% MGS 2021(I)	105.230	-0.03
4.3% MGS 2022 (II)	107.790	-0.02
5.1% MGS 2022(I)	110.500	-0.03
5.5% MGS 2023 (I)	116.020	0.02
2.3% MGS 2029 (II)	115.000	-1.71
5.1% MGS 2029 (I)	140.650	0.06
5.25% MGS 2030 (I)	147.000	0.68
4.45% MGS 2032 (II)	144.000	0.00
4.1% MGS 2034 (I)	140.780	0.33
2.5% MGS 2036 (I)	128.000	0.39
2.1% MGS 2039 (I)	125.000	0.00
3% MGS 2040 (I)	143.000	0.00
2.4% MGS 2041 (I)	135.000	1.12

This article, which was compiled by Jesmond Mizzi Financial Advisors Limited, does not intend to give investment advice and the contents therein should not be construed as such. Jesmond Mizzi Financial Advisors Limited is licensed to conduct investment services by the MFSA and is a Member Firm of the Malta Stock Exchange. The directors or related parties, including the company, and their clients are likely to have an interest in securities mentioned in this article. For further information contact Jesmond Mizzi Financial Advisors Limited at 67, Level 3, South Street, Valletta, or on Tel: 21224410, or email [email protected].